Game Digital PLC (GMD), Paragon Group of Companies PLC (PAG), Global Real Estate Ltd (IGRE), GameAccount Network PLC (GAME): Hedge Funds’ Latest Moves in LSE-listed Companies

In several new filings, some of the funds that we track at Insider Monkey have revealed changes to their stakes in London Stock Exchange-listed companies. One of them is Elliott Capital Advisors, a subsidiary of Elliott Management, an US-based hedge fund managed by Paul Singer, decreased its stake in Game Digital PLC (LON:GMD). Following the decrease, Elliott owns some 82.18 million shares of Game Digital PLC (LON:GMD), which represent 48.33% of the company’s total voting rights. Previously Elliott held 104.68 million shares of Game Digital PLC (LON:GMD).


EJF Capital, a fund managed by Emanuel J. Friedman, has increased its exposure to Paragon Group of Companies PLC (LON:PAG). EJF Capital holds around 18.74 million shares of Paragon Group of Companies PLC (LON:PAG), up from 16 million shares held before. Following the increase, the fund’s stake amasses over 6% of Paragon Group of Companies PLC (LON:PAG)’s total voting rights.

Investors in Global Real Estate Ltd (LON:IGRE) has been reduced in Weiss Asset Management’s portfolio to below 5%. Before the decrease, Weiss Asset Management, which is led by Andrew Weiss, held around 3.93 million shares of Investors in Global Real Estate Ltd (LON:IGRE). Investors in Global Real Estate Ltd (LON:IGRE) is a closed-end investment firm that invests in a diversified portfolio of real estate securities.

Moreover, Crispin Odey‘s Odey Asset Management disclosed holding over 3.33 million shares of GameAccount Network PLC (LON:GAME), the stake representing slightly above 6% of the company’s total voting rights. The position in GameAccount Network PLC (LON:GAME) is a new one in Odey Asset Management’s portfolio. GameAccount Network PLC (LON:GAME) is involved in development of gaming software systems and online gaming content,

Disclosure: none